Here is today's quote from RA on the conference call via "Seeking Alpha:"
"The first investment we are making is to restructure our domestic fleet by eliminating a substantial portion of our 50-seat regional jet fleet. We’ve already completely retired our propeller fleet. We will ultimately replace 75% of our 50-seat flying with more cost-effective mainline aircraft and two-class regional jets. Our 50-seaters peaked at more than 500 in 2008 and we intend to reduce it to less than 125 aircraft over the next two years."
I do have a question though. Aren't there still SkyWest Brasilias flying for Delta out of SLC to SUN etc? I thought I saw some there a few weeks back?
Here's more from the conference call:
Operator
Next we’ll hear from Helane Becker with Dahlman Rose & Company.
Helane Becker – Dahlman Rose & Company
Thanks very much, operator. Hi everybody. So just with respect to the changes you’re going to make over on the regional side, one of your major providers is basically out there saying that there’s no way you can get out of their contract, and the contracts go out four or five more years. And I’m just kind of wondering how we should think about that, given the fact that you’ve got to get down to something like 125 50-seaters over the next I think three years.
Richard Anderson
Well we have, without going into the particulars of any of the contracts that we have, we have a steady path to be able to get to 125. So we, without going into the specifics, we have a confident path of moving to the 125 and I’ll just leave it at that.
Interesting. I guess we'll see what happens.
Bye Bye---General Lee